Edward J. McGowan - 07 Mar 2024 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
Chief Financial Officer
Signature
/s/ Thomas M. Lair, as power of attorney
Issuer symbol
AKAM
Transactions as of
07 Mar 2024
Net transactions value
-$237,835
Form type
4
Filing time
08 Mar 2024, 16:33:42 UTC
Previous filing
06 Mar 2024
Next filing
12 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Options Exercise $0 +4,464 +17% $0.000000 30,065 07 Mar 2024 Direct
transaction AKAM Common Stock Tax liability $237,835 -2,159 -7.2% $110.16 27,906 07 Mar 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AKAM Restricted Stock Units Options Exercise $0 -4,464 -50% $0.000000 4,464 07 Mar 2024 Common Stock 4,464 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F2 RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.